Enel has agreed to sell its stake in two thermal power generation plants in Argentina to Central Puerto for $102 million. Enel will sell its 75.7 per cent stake in Enel GeneraciĆ³n Costanera and its 41.2 per cent ownership of Central Dock Sud.
The Costanera plant, located in Buenos Aires, has a total capacity of over 2.3 GW, the largest in Argentina. Dock Sud operates a 870 MW gas-fired power plant in the Avellaneda district of Buenos Aires.
The two deals are scheduled to close in Q1 2023.